I was just reading an article in the Wall Street Journal about BuzzFeed, and its trials and tribulations over the past couple of years (losses, layoffs, etc). Now, I know very little about BuzzFeed, except for what I hear Rush Limbaugh say about them, and have never been to the website. Here are the last two paragraphs of that story from Saturday’s Journal:
The company also is seeking to create a membership model, with an eye on creating niche social communities for people with shared interests. “We believe people might be willing to pay a little bit to something if it reduced the amount of spam, trolls, and bad actors”, he [CEO Jonah Peretti] said.